Synopsis:

Jaykay Enterprises’ subsidiary Allen Reinforced Plastics has secured a ₹9.16 crore order from Bharat Dynamics for manufacturing packing boxes. This is the second confirmed order from a total of ₹15.90 crore in communication.

The shares of the Small-Cap company, specializing in high-precision manufacturing for the defense and aerospace sectors, jumped by up to 10 percent upon receiving the second definitive order worth approximately Rs. 9.16 crore (including GST) from Bharat Dynamics Limited.

With a market capitalization of Rs. 2,906.05 Crores on Monday, the shares of Jaykay Enterprises Ltd rose by 9.9 percent after making a high of Rs. 236.00 compared to its previous closing price of Rs. 214.65.

What Happened

Jaykay Enterprises Ltd, engaged in high-precision manufacturin

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